The first Ukraine grain cargo refused by buyer -Ukrainian embassy in Lebanon



ISTANBUL, Aug 8 (Reuters) - The Razoni, the first ship to depart Ukraine under an U.N.-brokered deal, is looking for another port to unload its grain cargo as the initial Lebanese buyer refused delivery citing a more than five-month delay, Embassy of Ukraine in Lebanon said on Monday.

"According to the information provided by the shipper of the Ukrainian grain aboard the Razoni, the buyer in Lebanon refused to accept the cargo due to delays in delivery terms," the embassy said in a Facebook post.

"So the shipper is now looking for another consignee to offload his cargo either in Lebanon/Tripoli or any other country/port."

The Razoni left Odesa last week carrying 26,527 tonnes of corn. The ship was scheduled to arrive in Lebanon on Sunday but it changed its destination to Turkey's Mersin port and is currently at anchor off Turkey's southern coast, according to Refinitiv ship tracker data.

The United Nations and Turkey brokered the agreement last month after warnings the halt in Ukrainian grain shipments caused by Russia's invasion of Ukraine could lead to severe food shortages and even outbreaks of famine in parts of the world.

So far, around 243,000 tonnes of corn has been exported from Ukraine on seven ships since the first departure on Aug. 1, according to a Reuters tally of data from Turkey's defence ministry.
Reporting by Natalia Zinets Writing by Ezgi Erkoyun; Editing by Aurora Ellis

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.